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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: StockHawk who wrote (25568)6/1/2000 10:34:00 AM
From: StockHawk  Respond to of 54805
 
Further evidence of slowing US economy:

Yesterday new home sales were reported to be down 5.8%, twice the decline that was expected, and this morning the The National Association of Purchasing Managers' index for business activity came in at 53.2, (55.2 was expected). Also, the prices paid index was 65.8, well less than the expected 75.5.

Likely reasons why the market is strong today.